Fred's Company Profile (NASDAQ:FRED)

About Fred's (NASDAQ:FRED)

FredFred's, Inc. (Fred's) is engaged in the sale of general merchandise through its retail discount stores and full service pharmacies. The Company sells general merchandise to its over 20 franchisees. The Company has approximately 660 retail stores, over 370 pharmacies, and approximately three specialty pharmacy facilities located in over 15 states mainly in the Southeastern United States. The Company is licensed to dispense pharmaceuticals in approximately 50 states. The Company operates approximately 640 company-owned stores, including over 60 express stores (or Xpress stores). Fred's is a combination of pharmacy, dollar store and mass merchant strategically located in smaller markets. It offers various product categories, including consumables, such as tobacco, food and beverage, prescription pharmaceuticals, paper and cleaning supplies, pet supplies, health and beauty aids, and discretionary products, such as home decor, seasonal merchandise, auto and hardware, and lawn and garden.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Discount, Variety Stores
  • Sub-Industry: General Merchandise Stores
  • Symbol: NASDAQ:FRED
  • CUSIP: 35610810
  • Web:
  • Market Cap: $529.9 million
  • Outstanding Shares: 37,986,000
Average Prices:
  • 50 Day Moving Avg: $14.56
  • 200 Day Moving Avg: $14.34
  • 52 Week Range: $7.89 - $21.77
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 16.41
  • P/E Growth: 0.30
Sales & Book Value:
  • Annual Revenue: $2.13 billion
  • Price / Sales: 0.25
  • Book Value: $8.89 per share
  • Price / Book: 1.57
  • Annual Dividend: $0.24
  • Dividend Yield: 1.8%
  • EBIDTA: ($6,770,000.00)
  • Net Margins: -2.23%
  • Return on Equity: -0.94%
  • Return on Assets: -0.50%
  • Debt-to-Equity Ratio: 0.22%
  • Current Ratio: 1.66%
  • Quick Ratio: 0.38%
  • Average Volume: 861,579 shs.
  • Beta: 1.51
  • Short Ratio: 14.2

Frequently Asked Questions for Fred's (NASDAQ:FRED)

What is Fred's' stock symbol?

Fred's trades on the NASDAQ under the ticker symbol "FRED."

How often does Fred's pay dividends? What is the dividend yield for Fred's?

Fred's announced a quarterly dividend on Monday, May 22nd. Stockholders of record on Thursday, June 1st will be given a dividend of $0.06 per share on Thursday, June 15th. This represents a $0.24 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Tuesday, May 30th. View Fred's' Dividend History.

How were Fred's' earnings last quarter?

Fred's, Inc. (NASDAQ:FRED) issued its quarterly earnings results on Thursday, April, 6th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.05. The company earned $529.70 million during the quarter, compared to the consensus estimate of $530.80 million. Fred's had a negative net margin of 2.23% and a negative return on equity of 0.94%. The company's revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.07 earnings per share. View Fred's' Earnings History.

Where is Fred's' stock going? Where will Fred's' stock price be in 2017?

4 brokerages have issued 12 month price targets for Fred's' stock. Their forecasts range from $9.00 to $23.00. On average, they anticipate Fred's' share price to reach $18.00 in the next year. View Analyst Ratings for Fred's.

How were Fred's' same store sales last quarter?

Fred's same store sales rose 1.2% in the month of April. Fred's stock dropped by 3.1% in the first full-day of trading following the report.

Are investors shorting Fred's?

Fred's saw a decrease in short interest in April. As of April 28th, there was short interest totalling 14,702,005 shares, a decrease of 2.9% from the April 13th total of 15,146,072 shares. Based on an average daily trading volume, of 898,002 shares, the days-to-cover ratio is currently 16.4 days.

Who are some of Fred's' key competitors?

Who owns Fred's stock?

Fred's' stock is owned by a number of of retail and institutional investors. Top institutional investors include ALDEN GLOBAL CAPITAL LLC (24.40%), Alden Global Capital LLC (24.42%), Wellington Management Group LLP (11.53%), Vanguard Group Inc. (8.57%), Dimensional Fund Advisors LP (8.10%) and RE Advisers Corp (5.87%). Company insiders that own Fred's stock include Alden Global Capital Llc, Ben Garner, Eric Ridings, Jerry Shore, Mark C Dely, Michael Hayes, Michael K Bloom, Mike Holligan and Ricky Chambers. View Institutional Ownership Trends for Fred's.

Who sold Fred's stock? Who is selling Fred's stock?

Fred's' stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Wellington Management Group LLP, Morgan Stanley, OppenheimerFunds Inc., United Services Automobile Association, Dimensional Fund Advisors LP, State Board of Administration of Florida Retirement System and American International Group Inc.. Company insiders that have sold Fred's stock in the last year include Eric Ridings, Mark C Dely, Michael Hayes, Mike Holligan and Ricky Chambers. View Insider Buying and Selling for Fred's.

Who bought Fred's stock? Who is buying Fred's stock?

Fred's' stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Highbridge Capital Management LLC, Vanguard Group Inc., Wells Fargo & Company MN, Teachers Advisors LLC, TIAA CREF Investment Management LLC, State of Wisconsin Investment Board and Baird Financial Group Inc.. Company insiders that have bought Fred's stock in the last two years include Alden Global Capital Llc, Jerry Shore and Michael K Bloom. View Insider Buying and Selling for Fred's.

How do I buy Fred's stock?

Shares of Fred's can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Fred's stock cost?

One share of Fred's stock can currently be purchased for approximately $13.95.

Analyst Ratings

Consensus Ratings for Fred's (NASDAQ:FRED) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $18.00 (29.03% upside)

Analysts' Ratings History for Fred's (NASDAQ:FRED)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/7/2017SidotiUpgradeNeutral -> Buy$18.00N/AView Rating Details
1/6/2017StephensUpgradeUnderweight -> Equal WeightN/AView Rating Details
12/23/2016MKM PartnersReiterated RatingNeutral$9.00 -> $22.00N/AView Rating Details
12/23/2016Deutsche Bank AGReiterated RatingHold$8.00 -> $23.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Fred's (NASDAQ:FRED)
Earnings by Quarter for Fred`s (NASDAQ:FRED)
Earnings History by Quarter for Fred's (NASDAQ:FRED)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/6/2017Q4 2017($0.16)($0.11)$530.80 million$529.70 millionViewListenView Earnings Details
12/8/2016Q316($0.17)($0.27)$514.27 million$516.60 millionViewListenView Earnings Details
8/30/2016Q216($0.21)($0.18)$546.23 million$529.50 millionViewListenView Earnings Details
5/26/2016Q116$0.02$0.03$553.90 million$549.55 millionViewListenView Earnings Details
3/23/2016Q415$0.09$0.07$557.25 million$554.60 millionViewListenView Earnings Details
11/24/2015Q315$0.10$0.10$537.10 million$541.00 millionViewListenView Earnings Details
8/27/2015Q215($0.06)($0.13)$552.42 million$546.10 millionViewListenView Earnings Details
3/26/2015Q414$0.01$0.02$507.46 million$504.40 millionViewN/AView Earnings Details
11/25/2014Q314($0.14)($0.16)$476.20 million$476.20 millionViewN/AView Earnings Details
8/28/2014Q214($0.17)($0.19)$488.07 million$491.20 millionViewN/AView Earnings Details
5/29/2014Q114$0.20$0.17$501.64 million$498.30 millionViewListenView Earnings Details
3/27/2014Q413$0.15$0.17$511.88 million$495.00 millionViewListenView Earnings Details
11/26/2013Q313$0.20$0.20$458.81 million$460.50 millionViewListenView Earnings Details
8/29/2013Q2 2013$0.09$0.09$482.45 million$482.20 millionViewListenView Earnings Details
5/30/2013Q1 2013$0.27$0.31$499.41 million$501.50 millionViewListenView Earnings Details
3/28/2013Q4 2012$0.20$0.18$533.94 million$533.40 millionViewListenView Earnings Details
11/20/20120.18$0.18$452.60 millionViewN/AView Earnings Details
8/23/2012Q212$0.17$0.17$466.60 million$470.80 millionViewN/AView Earnings Details
5/24/2012$0.27$0.28ViewN/AView Earnings Details
3/21/2012$0.24$0.25ViewN/AView Earnings Details
11/22/2011$0.22$0.24ViewN/AView Earnings Details
8/25/2011$0.13$0.14ViewN/AView Earnings Details
5/26/2011$0.24$0.24ViewN/AView Earnings Details
3/24/2011$0.21$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Fred's (NASDAQ:FRED)
2017 EPS Consensus Estimate: ($0.21)
2018 EPS Consensus Estimate: $0.21
2019 EPS Consensus Estimate: ($0.67)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.01$0.16$0.08
Q2 20173($0.21)$0.02($0.13)
Q3 20172($0.15)($0.12)($0.14)
Q4 20173($0.08)$0.08($0.02)
Q1 20182($0.08)$0.04($0.02)
Q2 20182($0.15)($0.03)($0.09)
Q3 20182($0.04)$0.32$0.14
Q4 20182$0.01$0.34$0.18
Q1 20191($0.05)($0.05)($0.05)
Q2 20191($0.23)($0.23)($0.23)
Q3 20191($0.21)($0.21)($0.21)
Q4 20191($0.18)($0.18)($0.18)
(Data provided by Zacks Investment Research)


Current Dividend Information for Fred's (NASDAQ:FRED)
Next Dividend:6/15/2017
Annual Dividend:$0.24
Dividend Yield:1.72%
Payout Ratio:-18.32% (Trailing 12 Months of Earnings)
61.54% (Based on This Year's Estimates)
28.24% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fred`s (NASDAQ:FRED)

Dividend History by Quarter for Fred's (NASDAQ:FRED)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Fred's (NASDAQ:FRED)
Insider Ownership Percentage: 6.40%
Institutional Ownership Percentage: 90.82%
Insider Trades by Quarter for Fred`s (NASDAQ:FRED)
Institutional Ownership by Quarter for Fred`s (NASDAQ:FRED)
Insider Trades by Quarter for Fred's (NASDAQ:FRED)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2016Michael HayesDirectorSell10,000$20.17$201,700.00View SEC Filing  
12/22/2016Alden Global Capital LlcMajor ShareholderBuy5,533,005$19.85$109,830,149.25View SEC Filing  
12/21/2016Eric RidingsVPSell300$20.00$6,000.00View SEC Filing  
12/20/2016Mark C DelySVPSell4,081$19.80$80,803.80View SEC Filing  
12/20/2016Michael HayesDirectorSell3,243$19.29$62,557.47View SEC Filing  
12/20/2016Ricky ChambersEVPSell3,631$19.89$72,220.59View SEC Filing  
9/13/2016Mark C DelySVPSell1,189$10.04$11,937.56View SEC Filing  
9/9/2016Michael HayesDirectorSell9,369$10.17$95,282.73View SEC Filing  
9/8/2016Michael HayesDirectorSell631$11.00$6,941.00View SEC Filing  
9/7/2016Michael HayesDirectorSell16,414$10.82$177,599.48View SEC Filing  
9/6/2016Michael HayesDirectorSell10,000$10.75$107,500.00View SEC Filing  
9/1/2016Michael HayesDirectorSell10,000$11.04$110,400.00View SEC Filing  
6/9/2016Michael HayesDirectorSell5,000$15.20$76,000.00View SEC Filing  
5/31/2016Michael HayesDirectorSell10,000$14.71$147,100.00View SEC Filing  
5/31/2016Mike HolliganEVPSell1,517$14.67$22,254.39View SEC Filing  
5/27/2016Michael HayesDirectorSell5,000$14.68$73,400.00View SEC Filing  
3/30/2016Michael HayesDirectorSell10,000$15.04$150,400.00View SEC Filing  
12/4/2015Michael HayesDirectorSell5,000$16.25$81,250.00View SEC Filing  
11/27/2015Michael HayesDirectorSell15,000$16.66$249,900.00View SEC Filing  
8/31/2015Jerry ShoreCEOBuy1,000$12.94$12,940.00View SEC Filing  
8/31/2015Michael K BloomPresidentBuy2,000$13.10$26,200.00View SEC Filing  
8/28/2015Jerry ShoreCEOBuy1,000$13.03$13,030.00View SEC Filing  
6/12/2015Michael HayesDirectorSell9,300$19.43$180,699.00View SEC Filing  
6/1/2015Ben GarnerVPSell532$17.78$9,458.96View SEC Filing  
4/9/2015B Mary McnabbDirectorBuy1,250$12.19$15,237.50View SEC Filing  
3/31/2015Dennis CurtisSVPSell6,000$17.14$102,840.00View SEC Filing  
3/30/2015Mark C DelySVPSell1,190$17.26$20,539.40View SEC Filing  
3/30/2015Mike HolliganEVPSell1,500$17.23$25,845.00View SEC Filing  
3/30/2015Willie SandsVPSell3,067$17.17$52,660.39View SEC Filing  
3/27/2015Jack EisenmanDirectorSell7,764$17.03$132,220.92View SEC Filing  
3/27/2015Reggie JacobsEVPSell2,357$17.01$40,092.57View SEC Filing  
1/18/2015Dennis CurtisSVPSell3,033$17.66$53,562.78View SEC Filing  
1/18/2015Mike HolliganEVPSell1,983$17.66$35,019.78View SEC Filing  
1/18/2015Willie SandsVPSell1,933$17.66$34,136.78View SEC Filing  
11/26/2014Bruce A EfirdCEOSell22,947$15.31$351,318.57View SEC Filing  
7/11/2014Ronald T KayVPBuy247$13.00$3,211.00View SEC Filing  
7/11/2014Teresa GaborSVPBuy67$13.00$871.00View SEC Filing  
4/3/2014Dennis CurtisSVPSell5,437$18.80$102,215.60View SEC Filing  
4/3/2014Ricky PruittEVPSell1,038$18.66$19,369.08View SEC Filing  
4/2/2014David GagneVPSell1,026$18.69$19,175.94View SEC Filing  
6/14/2013Dennis CurtisSVPSell1,845$15.87$29,280.15View SEC Filing  
6/11/2013Matthew TwiggVPSell2,000$16.18$32,360.00View SEC Filing  
4/11/2013Reggie JacobsVPSell2,017$14.00$28,238.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Fred's (NASDAQ:FRED)
Latest Headlines for Fred's (NASDAQ:FRED)
DateHeadline logoFred's, Inc. (FRED) Short Interest Update - May 23 at 9:48 PM logoFred's, Inc. (fred) Plans $0.06 Quarterly Dividend - May 23 at 9:30 AM logoFred’s Pharmacy Declares Quarterly Cash Dividend of $0.06 Per Share - May 22 at 4:55 PM logoWhy Emergency Funds Are a Bad Idea - May 22 at 11:27 AM logoFred’s Pharmacy Schedules First Quarter 2017 Earnings Announcement and Conference Call Webcast for June 6, 2017 - May 19 at 5:03 PM logoFred's, Inc. (FRED) Receives Average Recommendation of "Hold" from Analysts - May 19 at 9:22 AM logoFred’s, Inc. breached its 50 day moving average in a Bearish Manner : FRED-US : May 17, 2017 - May 17 at 10:38 AM logoFinal countdown starts on Walgreens/Rite Aid merger; Fred's awaits outcome - May 9 at 5:09 PM logoFred's (FRED) Up 4.3% Since Earnings Report: Can It Continue? - May 8 at 8:39 AM logoFred's sales are down; leadership keeping focus on health care - May 4 at 5:26 PM logoWhy Did Fred's, Inc. Stock Gain 12% in April? - May 4 at 5:26 PM logoFred's, Inc.'s Same Store Sales Numbers Beat Analysts' Expectations, Shares Drop by 3.1% (NASDAQ:FRED) - May 4 at 3:58 PM logo Brokerages Expect Fred's, Inc. (FRED) Will Announce Quarterly Sales of $518.72 Million - May 4 at 2:44 PM logoFred’s Pharmacy Reports April Sales - May 4 at 12:20 PM logoFred’s, Inc. breached its 50 day moving average in a Bullish Manner : FRED-US : May 2, 2017 - May 2 at 7:45 PM logo Brokerages Anticipate Fred's, Inc. (FRED) Will Announce Earnings of -$0.05 Per Share - May 2 at 8:34 AM logoFred's (FRED) Getting Favorable News Coverage, Study Shows - May 1 at 5:10 PM logoFred's (FRED) Getting Somewhat Critical Media Coverage, Study Shows - April 28 at 2:45 PM logoFred's (FRED) Earns Daily News Sentiment Rating of 0.14 - April 25 at 8:34 PM logoDetails inside Fred's new agreement with its largest shareholder - April 25 at 4:54 PM logoNew Fred's Directors Seek To Send Message to FTC - April 25 at 11:17 AM logoETFs with exposure to Fred’s, Inc. : April 24, 2017 - April 24 at 5:05 PM logoFred's adds to board, gets blessing from its biggest shareholder - April 24 at 5:05 PM logoFred's, Inc. (FRED) Given Average Rating of "Hold" by Brokerages - April 24 at 11:17 AM logoFred’s Pharmacy Appoints Two New Independent Directors - April 24 at 8:07 AM logoCan Rite Aid Stock Bounce Back After Last Week's 15% Drop? - April 23 at 5:40 PM logoFred's (FRED) Earns Daily Coverage Optimism Rating of 0.24 - April 21 at 8:22 PM logoWill Fred's Strategic Initiatives Help Lift the Stock? - April 21 at 11:40 AM logoFred’s, Inc. :FRED-US: Earnings Analysis: Q4, 2017 By the Numbers : April 21, 2017 - April 21 at 11:40 AM logoIncreased Earnings Estimates Seen for Fred's (FRED): Can It Move Higher? - April 20 at 12:20 PM logoFred's (FRED) Receives Daily Media Sentiment Rating of -0.12 - April 16 at 12:17 PM logoFred's Inc (FRED) Files 10-K for the Fiscal Year Ended on January 31, 2017 - April 14 at 10:00 AM logoFred's (FRED) Receives Media Sentiment Rating of -0.03 - April 13 at 3:42 PM logoFred’s, Inc. – Value Analysis (NASDAQ:FRED) : April 12, 2017 - April 12 at 5:20 PM logoNorthcoast Research Weighs in on Fred's, Inc.'s Q1 2019 Earnings (FRED) - April 11 at 5:04 PM logoFred’s, Inc. breached its 50 day moving average in a Bullish Manner : FRED-US : April 11, 2017 - April 11 at 12:24 PM logo Analysts Expect Fred's, Inc. (FRED) Will Post Earnings of -$0.08 Per Share - April 11 at 12:20 AM logoQ1 2018 Earnings Estimate for Fred's, Inc. (FRED) Issued By SunTrust Banks - April 10 at 10:06 AM logoCan Rite Aid Stock Keep Going After Last Week's 9% Pop? - April 9 at 11:05 AM logoForm 4 FREDS INC For: Apr 05 Filed by: Liebmann Tim - - April 8 at 4:59 PM logoFred's Announces Appointment of Linda Longo-Kazanova to Board of Directors - Business Wire (press release) - April 8 at 4:59 PM logoMemphis-based Fred's Inc. appointed former Keurig Green ... - Memphis Business Journal - April 8 at 4:59 PM logoWhy Fred's, Inc. Shares Soared Today - Motley Fool - April 8 at 4:59 PM logoSunTrust Banks Equities Analysts Raise Earnings Estimates for Fred's, Inc. (FRED) - April 7 at 8:49 PM logoFred's names former Keurig exec to board - April 7 at 5:13 PM logoFred's, Inc. Shares Rise 13.9% Following Same-Store Sales Report (NASDAQ:FRED) - April 7 at 5:11 PM logoDollar Store Debacle Bodes Poorly for Walgreens-Rite Aid Merger - April 7 at 9:53 AM logoFred’s Inc. Q3 Loss Better Than Expected - April 7 at 9:53 AM logoWhy Fred's, Inc. Shares Soared Today - April 7 at 9:53 AM logoFred's boasts pharmacy, remains committed to Rite Aid stores purchase - April 7 at 9:53 AM



Fred's (FRED) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff